When Is It Appropriate To Seek Lawsuit Funding In a Pending Personal Injury Claim?

Personal injury lawsuits are designed to help victims seek compensation for medical expenses, pain and suffering, long or short term disabilities, or wrongful death and may also seek redress for emotional or psychological injuries. Even when injuries are minor and/or temporary, a personal injury claim may have substantial value; in the more serious misconduct cases, a victim may seek punitive (punishment) damages. But, as anyone who has been through the process can tell you, litigation can take a long time; cases often drag on for years. During this time, if the injured person is suffering from serious injuries or disabilities, unable to work, and faced with reduced income, it may not be possible to wait until a settlement is reached. In times like this, litigation funding is often essential for plaintiffs.

Litigation funding is a way to obtain emergency cash for medical bills, mortgage, auto payments, and daily household expenses without the need for a credit check, employment verification, or monthly payments. All that is required to pre-qualify is a pending lawsuit with merit and attorney representation. And, it is 100% risk-free because the plaintiff is only responsible for paying back the advance if, and when, the case is won. If the funded plaintiff loses the case, the repayment is completely waived.

When you need money quickly, but the insurance company wants to stall the settlement hoping you settle for less, contact Litigation Funding Corporation. Our online application is quick and easy to complete. A representative will then contact your attorney for case documentation and begin the review process. Once approved, a check can available within 24 – 48 hours. While litigation funding is a valuable strategic tool, it is important to note that due to the high cost litigation funding should be considered as a last resort; after all other funding options are exhausted.

Tagged with: